Accenture identifies Top Cyber Threats of 2017 in its Security Report

    Accenture, the global leader in offering professionals services has released a security report in which it identified the Top Cyber Threats of 2017. iDefense, a part of Accenture Security examined the key trends during the first half of 2017 and compiled a report on how cyber incidents may evolve over the next six months. The report relies on iDefense intelligence collection, research, and analysis including research using primary and secondary open source materials.

    The notable observations mentioned in the Accenture Security report include:

    Reverse Deception Tactics where cyber criminals use deceptive ways to steal data. This includes steganography, expendable use of command and control servers to siphon data and anti-analysis code. Accenture says that data exchange on cyber threat activity and attribution may accelerate the denial and deception trend, increasing the cost of cyber defense efforts and resource allocations.

    Sophisticated Phishing Campaigns- Accenture specified in its report that the next few months will witness an increase in sophisticated phishing campaigns. This includes sending emails with subject lines mentioning invoices, shipping, resumes, wire transfers, missed bill payments, insurance review. And the cyber security report of 2017 says that ransomware will displace other banking Trojans only to emerge as one of the most prevalent types of malware delivered via phishing techniques.

    Use of alternative crypto currencies- Cyber criminals will make a choice of using alternative crypto currency than the usual Bitcoins to pay hackers/developers for initiating attacks, developing new malware, laundering data and such.

    DDoS will become a service to hire says the Top Cyber Threats of 2017 compiled by iDefense. The report says that coming months will witness firms offering DDoS as a service to hire at affordable costs. This will not only pep up individuals who are having the malicious mindset of launching cyber attacks but might also attract the attention of state funded actors.

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    Naveen Goud
    Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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